Ministry of Finance
Capital Investments in Bank by GOI
Posted On:
07 APR 2017 5:25PM by PIB Delhi
The Government infused a sum of Rs. 25000 crore in 19 PSBs during financial year 2015-16 and Rs. 24997.182 crore into 16 PSBs during the FY 2016-17.The capital is calculated/ provided keeping in view overall macroeconomic scenario, credit estimation, basel requirement and Reserve Bank of India recommendations if any. The Bank-wise details of capital infused into 16 PSBs during FY 2016-17 by Government of India are as under:
Rs. In Crore
S.No.
|
Name of the PSBs
|
Total allocation
|
1
|
Allahabad Bank
|
451
|
2
|
Andhra bank
|
1100
|
3
|
Bank of India
|
2838
|
4
|
Bank of Maharashtra
|
300
|
5
|
Canara Bank
|
745.182
|
6
|
Central Bank of India
|
1397
|
7
|
Corporation Bank.
|
508
|
8
|
Dena Bank
|
1046
|
9
|
Indian Overseas Bank
|
2651
|
10
|
Punjab National Bank
|
2112
|
11
|
Syndicate Bank
|
776
|
12
|
UCO Bank
|
1925
|
13
|
Union Bank of India
|
541
|
14
|
United Bank of India
|
1026
|
15
|
State Bank of India
|
5681
|
|
Total
|
24997.182
|
This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today.
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DSM/KA
(Release ID: 1487175)
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